Understanding Pension Scheme Calculation and Eligibility - CiteHR

One of our company's employees has completed 10 years of working. As per the pension scheme, he is eligible to receive a pension at the age of 60. My question is, how much will be decided as his pension? Currently, his salary is ₹10,000 per month. Kindly reply.

Thanks in advance.
Regards.

From India, Delhi
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Dear friends, Age to get full pension is not 60 years, but 58. If service is 10 years and salary Rs. 10,000; then pension will be 10x6500/70 = 929. Abbas.P.S
From India, Bangalore
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